Current Report Filing (8-k)
January 06 2020 - 10:30AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
January 3, 2020
CMG HOLDINGS GROUP, INC.
(Exact name of Registrant as specified in
its Charter)
Nevada
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000-51770
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87-0733770
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(State or other jurisdiction
of incorporation)
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(Commission
File No.)
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(IRS Employer
Identification No.)
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2130 N Lincoln Park W Suite 8N, Chicago, IL
60614
(Address of principal executive offices)
(773) 770-3440
(Registrant’s Telephone Number)
(Former name or address, if changed since last
report)
Check the appropriate box below if the Form
8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions
(see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities
Exchange Act of 1934 (17 CFR 240.12b-2) [X]
If an emerging growth company, indicate by
check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act [X]
CMG Holdings Group, Inc. is referred to herein as “we”,
“us”, “our”, “CMG”, or the “Company”.
Item 8.01. Other Events
Pursuant to the share buy-back approved by
the Board of Directors on June 10, 2019, CMG Holdings Group announces the purchase of 3.3 million shares in the open market at
an average price of .0063. To date, the company has purchased over 6. 4 million
shares. In addition the CEO of CMG has recently purchased 2.1 million shares in the open market.
On Friday January 3, CMG filed an arbitration proceeding
against our former auditors for gross malpractice. If CMG prevails with these claims, as we expect we will, the company has
the potential to collect another significant judgement.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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CMG HOLDINGS GROUP, INC.
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Date: January 5, 2019
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By:
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/s/ Glenn Laken
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Glenn Laken
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Chief Executive Officer
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